Business

About Business News...

Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.

Business

ATA Marks National Transportation Week

American Trucking Associations is reminding people during this week’s National Transportation Week that trucks deliver the essentials that they need every day.

May 19, 2010
Government, Business, Fuel

Canadian Truckers Oppose Biodiesel Mandates

The Canadian Trucking Alliance is asking that its federal government abandon a plan to adopt a 2% biodiesel mandate for all diesel fuel sold in the country.

Michele Fuetsch | Staff Reporter
May 18, 2010
Business

Penske Orders 1,350 New SCR Tractors from Freightliner, Volvo

Penske Truck Leasing Co. said that it has ordered 750 new Freightliner Cascadia tractors and 600 VN670 tractors from Volvo Trucks North America, all with 2010 selective catalytic reduction emissions technology, partially because of growing freight demand.

May 18, 2010
Business, Logistics

Trailer Bridge’s 1Q Loss Narrows

Trailer Bridge Inc. lost $308,000, or 3 cents a share, in the first quarter, compared with a loss of $768,000, or 6 cents, a year ago.

May 18, 2010
Business

Housing Starts Hit 18-Month High

Housing starts rose in April to the highest level in a year and a half, the Commerce Department said Tuesday.

May 18, 2010
Business

Producer Price Index Rises 1.8%

Prices paid to U.S. producers increased 0.1% in April, the Labor Department said Tuesday.

May 18, 2010
Business, Fuel

Diesel Drops 3.3¢ to $3.094

Diesel took its biggest drop in 16 weeks, declining 3.3 cents to $3.094 a gallon, the Department of Energy said.

May 18, 2010
Business, Government, Safety, Fuel, Autonomous

E&MU: CARB Issues Fines for Reefer Violations

Agents of the California Air Resources Board have fanned out to ticket truck operators who fail to comply with the state’s complicated schedule for reducing emissions from the small diesel engines that power transport refrigeration.

May 17, 2010
Business

IdleAire to Reopen at 23 Locations

IdleAire Inc. said that it will reopen its idle-reduction facilities at 23 truck stops after ceasing operations in January.

May 17, 2010
Business

New York ‘Empire State’ Manufacturing Index Slows

Manufacturing activity in the New York region rose for the 10th consecutive month in May but expanded at a slower rate than April, the Federal Reserve Bank of New York said Monday.

May 17, 2010